Question: What is America’s largest corporate welfare program?

Answer: Farm subsidies

Now, before you go getting your knickers in a bunch and an image comes to mind of a small, dirt farmer family selling their vegetables by the side of the road so they can make a few bucks to pay their electric bill, read this information found by Brian M. Riedl of the Heritage Foundation:

Farms have come a long way since subsidies were introduced as a temporary solution to alleviate the effects of the Great Depression. Today, the average farm household earns $81,420 and has a net worth of $838,875 — both well above the national average. Farm incomes are setting records, and farms have one of the lowest failure rates of any industry.

To be sure, some family farmers continue to struggle. But if farm subsidies were really about alleviating farmer poverty, then lawmakers could guarantee every full-time farmer an income of 185 percent of the federal level ($38,203 for a family of four) for under $5 billion annually — one-fifth the current cost of farm subsidies.

Instead, small farmers are largely excluded from farm subsidies. Farm subsidy payments are based on acreage, so by definition, the largest agribusinesses get the largest subsidies. Consequently, commercial farmers — who report an average income of $200,000 and net worth of nearly $2 million — now collect the majority of farm subsidies. Most farm subsidy dollars go to millionaires.

So the major corporate farms (the ones we’ve been warned about), that are pretty-much guaranteed a profit, are receiving all the subsidies, leaving Ma and Pa Kettle to starve.

The Environmental Working Group’s farm subsidy database reveals that from 1995 to 2005, farm subsidies have been distributed to Fortune 500 companies such as John Hancock Life Insurance ($2,849,799) and Westvaco ($534,210); as well as celebrity hobby farmers like David Rockefeller ($553,782) and Ted Turner ($206,948). Even Members of Congress who vote on farm legislation have received subsidies, such as Sen. Charles Grassley (R-Iowa, $225,041) and Rep. John Salazar (D-Colo., $161,084).

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